Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₴ 31500
per

Your estimated
City
free-cash

Dresden , Germany
₴906
₴8807
₴7490
₴6410
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 999
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
220
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
1 317
total
-
-
-
8 936
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

19 035
-
31 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

29
-
220
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

532
-
3 999
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
3 961
-
7 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 465
31 500
-
-
income
1 870
4 725
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

103
260
-
-
chamber of commerce
93
121
-
-
trade
1 963
4 961
-
-
total
4 029
10 067
-
-
Dividends
8 435
21 433
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

106
284
-
-
withholding
1 920
5 169
-
-
total
2 026
5 453
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 016
15 520
7 619
8 936
After tax
21 484
15 980
23 881
22 564
Living cost
15 074
15 074
15 074
15 074
Free-cash
6 410
906
8 807
7 490

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₴6841
-₴6574
-₴6821
-₴13303
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
social contributions
-
-
-
339
municipal
-
-
-
3 022
national
-
-
-
4 683
pensions
-
-
-
3 780
total
-
-
-
11 824
Employee
41 075
-
27 231
-
municipal
5 073
-
3 144
-
pensions
1 643
-
1 089
-
national
7 862
-
4 872
-
total
14 578
-
9 105
-
Employer
41 075
-
27 231
-
pensions
3 286
-
2 179
-
social contributions
442
-
293
-
total
3 728
-
2 472
-
Corporate
-
31 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
25 200
-
-
withholding
-
5 544
-
-
total
-
5 544
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 306
11 844
11 577
11 824
After tax
13 194
19 656
19 923
19 676
Living cost
26 497
26 497
26 497
26 497
Free-cash
-13 303
-6 841
-6 574
-6 821

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴14846
₴7609
₴14854
₴10763
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
31 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
1 567
microenterprise
-
-
-
4 725
total
-
-
-
6 292
Employee
14 542
-
25 385
-
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

1 600
-
2 793
-
income
2 589
-
4 629
-
total
4 189
-
7 422
-
Employer
14 542
-
25 385
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 503
-
6 115
-
surtax
-
-
-
-
total
3 503
-
6 115
-
Corporate
13 455
31 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

2 691
6 300
-
-
total
2 691
6 300
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

10 764
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 383
6 300
13 537
6 292
After tax
21 117
25 200
17 963
25 208
Living cost
10 354
10 354
10 354
10 354
Free-cash
10 763
14 846
7 609
14 854

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴15126
-₴17919
-₴2864
-₴17919
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
3 012
health
-
-
-
4 835
pensions
-
-
-
5 669
total
-
-
-
13 516
Employee
42 499
42 499
42 499
-
pensions
7 650
5 831
7 650
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

6 956
6 956
6 956
-
health
6 523
5 549
6 523
-
total
21 129
18 336
21 129
-
Employer
42 499
42 499
42 499
-
health
2 954
2 954
2 954
-
pensions
2 958
2 958
2 958
-
unemployment
1 530
1 530
1 530
-
total
7 442
7 442
7 442
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 571
25 778
28 571
13 516
After tax
2 929
5 722
2 929
17 984
Living cost
20 848
20 848
20 848
20 848
Free-cash
-17 919
-15 126
-17 919
-2 864

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₴2682
-₴3060
-₴4179
-₴5730
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
63
other
-
-
-
3 660
unemployment
-
-
-
32
health
-
-
-
1 966
municipal
-
-
-
6 672
national
-
-
-
-
pensions
-
-
-
3 405
total
-
-
-
15 798
Employee
28 329
-
23 969
-
municipal
8 448
-
7 148
-
national
-
-
-
-
total
8 448
-
7 148
-
Employer
28 329
-
23 969
-
health
1 742
-
1 474
-
pensions
3 062
-
2 591
-
accident
57
-
48
-
unemployment
748
-
633
-
other
3 292
-
2 785
-
total
8 901
-
7 531
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
withholding
-
7 371
-
-
total
-
7 371
-
-
Income
31 500
31 500
31 500
31 500
Total tax
17 349
14 301
14 679
15 798
After tax
14 151
17 199
16 821
15 702
Living cost
19 881
19 881
19 881
19 881
Free-cash
-5 730
-2 682
-3 060
-4 179

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₴3733
₴4330
₴2955
₴3259
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 999
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
220
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
1 375
total
-
-
-
8 994
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

25 238
-
31 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

119
-
220
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

2 168
-
3 999
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
5 687
-
7 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 262
31 500
-
-
income
940
4 725
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

52
260
-
-
chamber of commerce
84
120
-
-
trade
1 030
5 182
-
-
total
2 106
10 287
-
-
Dividends
4 156
21 213
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

47
281
-
-
withholding
850
5 114
-
-
total
897
5 395
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 690
15 682
7 619
8 994
After tax
22 810
15 818
23 881
22 506
Living cost
19 551
19 551
19 551
19 551
Free-cash
3 259
-3 733
4 330
2 955

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴4104
₴5764
₴8167
₴4955
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
1 473
social contributions
-
-
-
4 914
health
-
-
-
804
total
-
-
-
7 191
Employee
38 269
38 269
38 269
-
social contributions
1 860
3 176
2 373
-
income
4 019
3 543
3 833
-
health
381
651
486
-
total
6 260
7 370
6 692
-
Employer
38 269
38 269
38 269
-
health
415
708
529
-
social contributions
1 860
3 176
2 373
-
total
2 275
3 884
2 902
-
Corporate
6 825
-
-
-
income
853
-
-
-
total
853
-
-
-
Dividends
5 972
-
-
-
withholding
1 015
-
-
-
total
1 015
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 403
11 254
9 594
7 191
After tax
21 097
20 246
21 906
24 309
Living cost
16 142
16 142
16 142
16 142
Free-cash
4 955
4 104
5 764
8 167

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴8890
₴9342
₴12901
₴9076
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
3 851
unemployment
-
-
-
473
health
-
-
-
2 205
pensions
-
-
-
3 150
total
-
-
-
9 679
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

12 876
5 124
26 360
-
unemployment
193
77
395
-
pensions
1 288
512
2 636
-
income
1 574
626
3 222
-
health
901
359
1 845
-
total
3 956
1 574
8 098
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

12 876
5 124
26 360
-
pensions
2 511
999
5 140
-
total
2 511
999
5 140
-
Corporate
16 114
25 376
-
-
income
1 450
2 284
-
-
total
1 450
2 284
-
-
Dividends
14 663
23 093
-
-
social contributions
2 801
4 445
-
-
withholding
2 786
4 388
-
-
total
5 587
8 833
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 504
13 690
13 238
9 679
After tax
17 996
17 810
18 262
21 821
Living cost
8 920
8 920
8 920
8 920
Free-cash
9 076
8 890
9 342
12 901

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴13179
₴6258
₴5163
₴10088
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
3 921
health
-
-
-
4 095
pensions
-
-
-
6 300
total
-
-
-
14 316
Employee
14 118
-
23 542
-
unemployment
226
-
377
-
pensions
282
-
471
-
income
1 589
-
4 416
-
total
2 097
-
5 264
-
Employer
14 118
-
23 542
-
health
1 835
-
3 061
-
pensions
2 824
-
4 708
-
unemployment
113
-
188
-
total
4 772
-
7 957
-
Corporate
12 610
31 500
-
-
income
2 522
6 300
-
-
total
2 522
6 300
-
-
Dividends
10 088
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 391
6 300
13 221
14 316
After tax
22 109
25 200
18 279
17 184
Living cost
12 021
12 021
12 021
12 021
Free-cash
10 088
13 179
6 258
5 163

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴8559
₴5355
₴10630
₴847
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
128
income
-
-
-
6 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
9 759
Employee
17 478
-
26 167
-
pensions
1 968
-
2 946
-
income
2 398
-
3 759
-
health
2 001
-
2 996
-
total
6 367
-
9 701
-
Employer
17 478
-
26 167
-
pensions
2 842
-
4 255
-
accident
292
-
437
-
unemployment
428
-
641
-
total
3 562
-
5 333
-
Corporate
10 460
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

9 414
28 350
-
-
total
9 414
28 350
-
-
Dividends
1 046
3 150
-
-
withholding
199
598
-
-
total
199
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 542
28 948
15 034
9 759
After tax
11 958
2 552
16 466
21 741
Living cost
11 111
11 111
11 111
11 111
Free-cash
847
-8 559
5 355
10 630

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₴25915
₴21190
₴27175
₴25163
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
31 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
315
total
-
-
-
315
Employee
5 012
-
31 500
-
income
1 002
-
6 300
-
total
1 002
-
6 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

26 488
31 500
-
-
total
-
-
-
-
Dividends
26 488
31 500
-
-
withholding
1 325
1 575
-
-
total
1 325
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 327
1 575
6 300
315
After tax
29 173
29 925
25 200
31 185
Living cost
4 010
4 010
4 010
4 010
Free-cash
25 163
25 915
21 190
27 175

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴9882
₴5205
₴3796
₴6522
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 001
other
-
-
-
1 496
health
-
-
-
1 386
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
7 560
total
-
-
-
14 443
Employee
18 070
-
25 160
-
unemployment
180
-
251
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 265
-
1 761
-
income
3 111
-
4 331
-
health
253
-
352
-
total
4 809
-
6 695
-
Employer
18 070
-
25 160
-
health
253
-
352
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

3 072
-
4 277
-
accident
144
-
201
-
unemployment
180
-
251
-
other
904
-
1 258
-
total
4 553
-
6 339
-
Corporate
8 876
31 500
-
-
income
1 864
6 615
-
-
total
1 864
6 615
-
-
Dividends
7 012
24 885
-
-
withholding
491
1 742
-
-
total
491
1 742
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 717
8 357
13 034
14 443
After tax
19 783
23 143
18 466
17 057
Living cost
13 261
13 261
13 261
13 261
Free-cash
6 522
9 882
5 205
3 796

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴9647
-₴12934
-₴9652
-₴21988
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
5 899
pensions
-
-
-
2 005
total
-
-
-
7 904
Employee
47 041
-
28 036
-
pensions
4 538
-
2 258
-
income
8 480
-
5 079
-
health
775
-
385
-
total
13 793
-
7 722
-
Employer
47 041
-
28 036
-
health
893
-
533
-
pensions
5 554
-
2 931
-
total
6 447
-
3 464
-
Corporate
-
31 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 914
-
-
total
-
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
20 240
7 899
11 186
7 904
After tax
11 260
23 601
20 314
23 596
Living cost
33 248
33 248
33 248
33 248
Free-cash
-21 988
-9 647
-12 934
-9 652

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴20409
₴16242
₴15610
₴18098
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 725
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
2 572
total
-
-
-
9 366
Employee
8 638
-
28 090
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

758
-
1 526
-
income
864
-
2 809
-
health
397
-
799
-
total
2 114
-
5 325
-
Employer
8 638
-
28 090
-
health
596
-
1 199
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
21 167
31 500
-
-
income
2 117
3 150
-
-
total
2 117
3 150
-
-
Dividends
19 050
28 350
-
-
withholding
952
1 417
-
-
total
952
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
6 878
4 567
8 734
9 366
After tax
24 622
26 933
22 766
22 134
Living cost
6 524
6 524
6 524
6 524
Free-cash
18 098
20 409
16 242
15 610

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴21875
-₴24668
-₴9613
-₴22718
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
3 012
health
-
-
-
4 835
pensions
-
-
-
5 669
total
-
-
-
13 516
Employee
46 141
42 499
42 499
-
pensions
5 831
5 831
7 650
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

6 956
6 956
6 956
-
health
5 756
5 549
6 523
-
total
18 543
18 336
21 129
-
Employer
46 141
42 499
42 499
-
health
3 206
2 954
2 954
-
pensions
3 211
2 958
2 958
-
unemployment
1 661
1 530
1 530
-
total
8 078
7 442
7 442
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
26 621
25 778
28 571
13 516
After tax
4 879
5 722
2 929
17 984
Living cost
27 597
27 597
27 597
27 597
Free-cash
-22 718
-21 875
-24 668
-9 613

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴9483
₴3780
₴3138
₴5129
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
2 707
social contributions
-
-
-
9 198
solidarity contribution
-
-
-
-
health
-
-
-
4 252
total
-
-
-
16 157
Employee
17 948
-
23 507
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
1 528
-
income
2 154
-
2 821
-
health
2 423
-
3 173
-
total
5 744
-
7 522
-
Employer
17 948
-
23 507
-
health
1 615
-
2 116
-
social contributions
4 487
-
5 877
-
total
6 102
-
7 993
-
Corporate
7 449
31 500
-
-
income
1 415
5 985
-
-
total
1 415
5 985
-
-
Dividends
6 034
25 515
-
-
withholding
905
3 827
-
-
total
905
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 166
9 812
15 515
16 157
After tax
17 334
21 688
15 985
15 343
Living cost
12 205
12 205
12 205
12 205
Free-cash
5 129
9 483
3 780
3 138

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₴4194
-₴5640
-₴3859
-₴12729
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
social contributions
-
-
-
8 101
regional
-
-
-
320
municipal
-
-
-
187
national
-
-
-
5 751
total
-
-
-
14 359
Employee
44 230
-
31 500
-
municipal
234
-
167
-
national
7 664
-
5 071
-
regional
417
-
280
-
social contributions
14 914
-
10 622
-
total
23 229
-
16 140
-
Employer
44 230
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
municipal
-
1 229
-
-
nationa
-
7 560
-
-
total
-
8 789
-
-
Dividends
-
22 711
-
-
withholding
-
5 905
-
-
total
-
5 905
-
-
Income
31 500
31 500
31 500
31 500
Total tax
23 229
14 694
16 140
14 359
After tax
8 271
16 806
15 360
17 141
Living cost
21 000
21 000
21 000
21 000
Free-cash
-12 729
-4 194
-5 640
-3 859

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴8832
₴5892
₴6578
₴7283
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 926
other
-
-
-
-
surtax
-
-
-
365
unemployment
-
-
-
113
health
-
-
-
2 236
pensions
-
-
-
6 300
total
-
-
-
13 940
Employee
16 458
-
26 022
-
other
-
-
-
-
unemployment
1 146
-
1 811
-
pensions
1 097
-
1 736
-
surtax
54
-
313
-
income
2 759
-
4 626
-
health
420
-
663
-
total
5 476
-
9 149
-
Employer
16 458
-
26 022
-
health
749
-
1 184
-
pensions
2 194
-
3 469
-
unemployment
521
-
824
-
other
-
-
-
-
total
3 464
-
5 477
-
Corporate
11 578
31 500
-
-
income
3 010
8 190
-
-
total
3 010
8 190
-
-
Dividends
8 568
23 310
-
-
withholding
1 285
3 496
-
-
total
1 285
3 496
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 235
11 686
14 626
13 940
After tax
18 265
19 814
16 874
17 560
Living cost
10 982
10 982
10 982
10 982
Free-cash
7 283
8 832
5 892
6 578

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴887
-₴2400
₴882
-₴4038
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
5 899
pensions
-
-
-
2 005
total
-
-
-
7 904
Employee
31 526
-
28 036
-
pensions
2 676
-
2 258
-
income
5 678
-
5 079
-
health
458
-
385
-
total
8 812
-
7 722
-
Employer
31 526
-
28 036
-
health
599
-
533
-
pensions
3 413
-
2 931
-
total
4 012
-
3 464
-
Corporate
-
31 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 914
-
-
total
-
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 824
7 899
11 186
7 904
After tax
18 676
23 601
20 314
23 596
Living cost
22 714
22 714
22 714
22 714
Free-cash
-4 038
887
-2 400
882

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴24891
-₴14233
-₴12624
-₴18866
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
630
regional
-
-
-
740
health
-
-
-
128
city
-
-
-
331
national
-
-
-
102
pensions
-
-
-
2 898
total
-
-
-
4 829
Employee
45 985
-
28 194
-
unemployment
-
-
-
-
pensions
3 863
-
2 369
-
national
218
-
84
-
regional
1 506
-
621
-
city
494
-
303
-
health
104
-
64
-
total
6 185
-
3 441
-
Employer
45 985
-
28 194
-
health
104
-
64
-
pensions
3 863
-
2 369
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

919
-
564
-
total
4 886
-
2 997
-
Corporate
-
31 500
-
-
regional
-
6 662
-
-
national
-
2 678
-
-
total
-
9 340
-
-
Dividends
-
22 160
-
-
withholding
-
7 756
-
-
total
-
7 756
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 071
17 096
6 438
4 829
After tax
20 429
14 404
25 062
26 671
Living cost
39 295
39 295
39 295
39 295
Free-cash
-18 866
-24 891
-14 233
-12 624

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₴7144
₴1082
-₴352
₴927
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 999
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
220
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
1 434
total
-
-
-
9 053
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

29 909
-
31 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

194
-
220
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 517
-
3 999
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
7 111
-
7 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 591
31 500
-
-
income
239
4 725
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
260
-
-
chamber of commerce
77
120
-
-
trade
273
5 402
-
-
total
602
10 507
-
-
Dividends
988
20 993
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

3
279
-
-
withholding
58
5 059
-
-
total
61
5 338
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 774
15 845
7 619
9 053
After tax
23 726
15 655
23 881
22 447
Living cost
22 799
22 799
22 799
22 799
Free-cash
927
-7 144
1 082
-352

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
-₴1151
₴1993
₴1784
₴1789
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
1 555
other
-
-
-
977
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 987
total
-
-
-
12 689
Employee
21 300
-
24 004
-
pensions
2 408
-
2 716
-
surtax
-
-
-
-
social contributions
607
-
684
-
income
1 257
-
1 584
-
total
4 272
-
4 984
-
Employer
21 300
-
24 004
-
health
1 491
-
1 680
-
pensions
3 499
-
3 944
-
unemployment
862
-
972
-
social contributions
64
-
72
-
other
735
-
828
-
total
6 651
-
7 496
-
Corporate
3 549
31 500
-
-
income
994
8 820
-
-
surtax
-
-
-
-
total
994
8 820
-
-
Dividends
2 555
22 680
-
-
surtax
-
-
-
-
social contributions
440
3 901
-
-
withholding
327
2 903
-
-
total
767
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 684
15 624
12 480
12 689
After tax
18 816
15 876
19 020
18 811
Living cost
17 027
17 027
17 027
17 027
Free-cash
1 789
-1 151
1 993
1 784

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴536
₴3680
₴3471
₴3303
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
1 555
other
-
-
-
977
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 987
total
-
-
-
12 689
Employee
19 013
-
24 004
-
pensions
2 150
-
2 716
-
surtax
-
-
-
-
social contributions
542
-
684
-
income
980
-
1 584
-
total
3 672
-
4 984
-
Employer
19 013
-
24 004
-
health
1 331
-
1 680
-
pensions
3 124
-
3 944
-
unemployment
770
-
972
-
social contributions
57
-
72
-
other
656
-
828
-
total
5 938
-
7 496
-
Corporate
6 549
31 500
-
-
income
1 834
8 820
-
-
surtax
-
-
-
-
total
1 834
8 820
-
-
Dividends
4 715
22 680
-
-
surtax
-
-
-
-
social contributions
810
3 901
-
-
withholding
603
2 903
-
-
total
1 413
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 857
15 624
12 480
12 689
After tax
18 643
15 876
19 020
18 811
Living cost
15 340
15 340
15 340
15 340
Free-cash
3 303
536
3 680
3 471

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴8664
₴8223
₴9676
₴8924
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 725
social contributions
-
-
-
4 347
health
-
-
-
2 199
total
-
-
-
11 271
Employee
16 874
-
31 500
-
social contributions
2 329
-
4 347
-
income
2 814
-
6 178
-
health
1 178
-
2 199
-
total
6 321
-
12 724
-
Employer
16 874
-
31 500
-
total
-
-
-
-
Corporate
14 626
31 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

731
1 575
-
-
total
731
1 575
-
-
Dividends
13 895
29 925
-
-
social contributions
1 917
4 130
-
-
withholding
2 084
4 489
-
-
health
970
2 089
-
-
total
4 971
10 708
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 023
12 283
12 724
11 271
After tax
19 477
19 217
18 776
20 229
Living cost
10 553
10 553
10 553
10 553
Free-cash
8 924
8 664
8 223
9 676

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴428
-₴5884
-₴326
-₴1096
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
2 777
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
126
health
-
-
-
2 410
pensions
-
-
-
5 827
total
-
-
-
14 290
Employee
24 872
19 833
24 384
-
other
248
198
244
-
unemployment
746
595
732
-
pensions
2 547
2 031
2 497
-
income
2 831
1 463
2 692
-
health
962
768
943
-
total
7 334
5 055
7 108
-
Employer
24 872
19 833
24 384
-
chamber of commerce
99
79
97
-
health
940
750
922
-
pensions
3 121
2 490
3 060
-
accident
323
258
317
-
unemployment
746
595
732
-
surtax
98
98
98
-
payroll
746
595
732
-
other
1 181
942
1 158
-
total
7 254
5 807
7 116
-
Corporate
1 889
5 861
22 495
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

472
1 465
5 624
-
total
472
1 465
5 624
-
Dividends
-
4 396
-
-
withholding
-
1 209
-
-
total
-
1 209
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 060
13 536
19 848
14 290
After tax
16 440
17 964
11 652
17 210
Living cost
17 536
17 536
17 536
17 536
Free-cash
-1 096
428
-5 884
-326

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₴413
-₴4815
-₴1655
-₴14462
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
1 655
social contributions
-
-
-
3 928
national
-
-
-
9 426
total
-
-
-
15 009
Employee

The minimum management director salary is set at €45,000 per year.

35 599
-
24 397
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

310
-
212
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

1 857
-
1 272
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 670
-
1 829
-
national
10 945
-
6 607
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 673
-
1 147
-
total
17 455
-
11 067
-
Employer

The minimum management director salary is set at €45,000 per year.

35 599
-
24 397
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 189
-
1 501
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 154
-
2 162
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

463
-
316
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

519
-
356
-
surtax
4 036
-
2 767
-
total
10 361
-
7 102
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
surtax
-
126
-
-
total
-
6 426
-
-
Dividends
-
25 074
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

-
7 341
-
-
total
-
7 341
-
-
Income
31 500
31 500
31 500
31 500
Total tax
27 816
13 767
18 169
15 009
After tax
3 684
17 733
13 331
16 491
Living cost
18 146
18 146
18 146
18 146
Free-cash
-14 462
-413
-4 815
-1 655

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴3292
-₴583
-₴804
-₴1169
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 883
other
-
-
-
31
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 331
Employee
24 773
-
23 884
-
other
25
-
24
-
unemployment
384
-
370
-
pensions
1 164
-
1 123
-
income
5 227
-
4 978
-
total
6 800
-
6 495
-
Employer
24 773
-
23 884
-
pensions
5 846
-
5 636
-
accident
490
-
473
-
unemployment
1 363
-
1 314
-
other
197
-
192
-
total
7 896
-
7 615
-
Corporate
-
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 725
-
-
total
-
4 725
-
-
Dividends
-
26 775
-
-
withholding
-
5 510
-
-
total
-
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 696
10 235
14 110
14 331
After tax
16 804
21 265
17 390
17 169
Living cost
17 973
17 973
17 973
17 973
Free-cash
-1 169
3 292
-583
-804

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₴7348
-₴5837
-₴6453
-₴10691
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
communal
-
-
-
-
accident
-
-
-
283
income
-
-
-
1 554
surtax
-
-
-
1 667
health
-
-
-
2 363
pensions
-
-
-
5 040
total
-
-
-
10 907
Employee
37 688
-
28 138
-
pensions
3 015
-
2 251
-
surtax
2 310
-
1 725
-
income
3 640
-
1 702
-
health
1 677
-
1 251
-
total
10 642
-
6 929
-
Employer
37 688
-
28 138
-
health
1 149
-
858
-
pensions
3 015
-
2 251
-
accident
339
-
253
-
total
4 503
-
3 362
-
Corporate
-
31 500
-
-
communal
-
2 126
-
-
income
-
4 725
-
-
surtax
-
331
-
-
total
-
7 182
-
-
Dividends
-
24 319
-
-
income
-
973
-
-
withholding
-
3 647
-
-
total
-
4 620
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 145
11 802
10 291
10 907
After tax
16 355
19 698
21 209
20 593
Living cost
27 046
27 046
27 046
27 046
Free-cash
-10 691
-7 348
-5 837
-6 453

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴8636
₴5696
₴6382
₴7052
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 926
other
-
-
-
-
surtax
-
-
-
365
unemployment
-
-
-
113
health
-
-
-
2 236
pensions
-
-
-
6 300
total
-
-
-
13 940
Employee
16 760
-
26 022
-
other
-
-
-
-
unemployment
1 166
-
1 811
-
pensions
1 118
-
1 736
-
surtax
59
-
313
-
income
2 810
-
4 626
-
health
428
-
663
-
total
5 581
-
9 149
-
Employer
16 760
-
26 022
-
health
762
-
1 184
-
pensions
2 235
-
3 469
-
unemployment
532
-
824
-
other
-
-
-
-
total
3 529
-
5 477
-
Corporate
11 212
31 500
-
-
income
2 915
8 190
-
-
total
2 915
8 190
-
-
Dividends
8 296
23 310
-
-
withholding
1 245
3 496
-
-
total
1 245
3 496
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 270
11 686
14 626
13 940
After tax
18 230
19 814
16 874
17 560
Living cost
11 178
11 178
11 178
11 178
Free-cash
7 052
8 636
5 696
6 382

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴3150
₴1810
₴3580
₴2046
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
social contributions
-
-
-
8 101
regional
-
-
-
475
municipal
-
-
-
187
national
-
-
-
5 751
total
-
-
-
14 514
Employee
27 607
-
31 500
-
municipal
146
-
167
-
national
4 374
-
5 071
-
regional
372
-
424
-
social contributions
9 309
-
10 622
-
total
14 201
-
16 284
-
Employer
27 607
-
31 500
-
total
-
-
-
-
Corporate
3 893
31 500
-
-
municipal
194
1 566
-
-
nationa
934
7 560
-
-
total
1 128
9 126
-
-
Dividends
2 766
22 374
-
-
withholding
719
5 818
-
-
total
719
5 818
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 048
14 944
16 284
14 514
After tax
15 452
16 556
15 216
16 986
Living cost
13 406
13 406
13 406
13 406
Free-cash
2 046
3 150
1 810
3 580

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴6649
₴946
₴304
₴1284
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
2 707
social contributions
-
-
-
9 198
solidarity contribution
-
-
-
-
health
-
-
-
4 252
total
-
-
-
16 157
Employee
22 117
-
23 507
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
1 528
-
income
2 654
-
2 821
-
health
2 986
-
3 173
-
total
7 078
-
7 522
-
Employer
22 117
-
23 507
-
health
1 990
-
2 116
-
social contributions
5 529
-
5 877
-
total
7 519
-
7 993
-
Corporate
1 863
31 500
-
-
income
354
5 985
-
-
total
354
5 985
-
-
Dividends
1 509
25 515
-
-
withholding
226
3 827
-
-
total
226
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 177
9 812
15 515
16 157
After tax
16 323
21 688
15 985
15 343
Living cost
15 039
15 039
15 039
15 039
Free-cash
1 284
6 649
946
304

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴2140
-₴4204
₴1430
₴1894
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
2 777
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
126
health
-
-
-
2 410
pensions
-
-
-
5 827
total
-
-
-
14 192
Employee
21 755
19 833
24 460
-
other
217
198
245
-
unemployment
653
595
734
-
pensions
2 228
2 031
2 505
-
income
1 938
1 463
2 713
-
health
841
768
946
-
total
5 877
5 055
7 143
-
Employer
21 755
19 833
24 460
-
chamber of commerce
87
79
98
-
health
823
750
925
-
pensions
2 730
2 490
3 069
-
accident
282
258
318
-
unemployment
653
595
734
-
surtax
-
-
-
-
payroll
653
595
734
-
other
1 033
942
1 162
-
total
6 261
5 709
7 040
-
Corporate
3 485
5 959
22 571
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

871
1 489
5 643
-
total
871
1 489
5 643
-
Dividends
2 614
4 469
-
-
withholding
719
1 229
-
-
total
719
1 229
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 728
13 482
19 826
14 192
After tax
17 772
18 018
11 674
17 308
Living cost
15 878
15 878
15 878
15 878
Free-cash
1 894
2 140
-4 204
1 430

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴23676
₴18951
₴24936
₴22504
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
31 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
315
total
-
-
-
315
Employee
7 811
-
31 500
-
income
1 562
-
6 300
-
total
1 562
-
6 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

23 689
31 500
-
-
total
-
-
-
-
Dividends
23 689
31 500
-
-
withholding
1 185
1 575
-
-
total
1 185
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 747
1 575
6 300
315
After tax
28 753
29 925
25 200
31 185
Living cost
6 249
6 249
6 249
6 249
Free-cash
22 504
23 676
18 951
24 936

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴8339
₴2848
₴3749
₴4178
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
31 500
income
-
-
-
5 502
unemployment
-
-
-
47
health
-
-
-
3 100
pensions
-
-
-
5 753
total
-
-
-
14 402
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

22 007
-
27 257
-
unemployment
31
-
38
-
pensions
3 411
-
4 224
-
income
3 795
-
5 037
-
health
1 421
-
1 761
-
total
8 658
-
11 060
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

22 007
-
27 257
-
health
1 466
-
1 815
-
pensions
1 947
-
2 412
-
unemployment
13
-
16
-
total
3 426
-
4 243
-
Corporate
6 066
31 500
-
-
income
1 152
5 985
-
-
total
1 152
5 985
-
-
Dividends
4 914
25 515
-
-
withholding
737
3 827
-
-
total
737
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 973
9 812
15 303
14 402
After tax
17 527
21 688
16 197
17 098
Living cost
13 349
13 349
13 349
13 349
Free-cash
4 178
8 339
2 848
3 749

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₴2093
₴3761
₴511
-₴41960
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
6 140
social contributions
-
-
-
3 591
total
-
-
-
9 731
Employee
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
income
-
5 405
-
-
total
-
5 405
-
-
Income
31 500
31 500
31 500
31 500
Total tax
52 202
12 335
6 481
9 731
After tax
-20 702
19 165
25 019
21 769
Living cost
21 258
21 258
21 258
21 258
Free-cash
-41 960
-2 093
3 761
511

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴2307
₴1485
₴2455
₴1805
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
31 500
income
-
-
-
2 489
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
10 946
total
-
-
-
13 435
Employee
22 889
-
25 455
-
surtax
-
-
-
-
social contributions
2 518
-
2 800
-
income
4 761
-
5 560
-
total
7 279
-
8 360
-
Employer
22 889
-
25 455
-
social contributions
5 436
-
6 045
-
total
5 436
-
6 045
-
Corporate
3 175
31 500
-
-
income
667
6 615
-
-
surtax
-
-
-
-
total
667
6 615
-
-
Dividends
2 508
24 885
-
-
withholding
703
6 968
-
-
total
703
6 968
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 085
13 583
14 405
13 435
After tax
17 415
17 917
17 095
18 065
Living cost
15 610
15 610
15 610
15 610
Free-cash
1 805
2 307
1 485
2 455

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴8161
-₴5017
-₴5226
-₴9407
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
1 555
other
-
-
-
977
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 987
total
-
-
-
12 689
Employee
31 170
-
24 004
-
pensions
3 526
-
2 716
-
surtax
-
-
-
-
social contributions
888
-
684
-
income
2 720
-
1 584
-
total
7 134
-
4 984
-
Employer
31 170
-
24 004
-
health
2 182
-
1 680
-
pensions
5 122
-
3 944
-
unemployment
1 263
-
972
-
social contributions
93
-
72
-
other
1 076
-
828
-
total
9 736
-
7 496
-
Corporate
-
31 500
-
-
income
-
8 820
-
-
surtax
-
-
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
surtax
-
-
-
-
social contributions
-
3 901
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 870
15 624
12 480
12 689
After tax
14 630
15 876
19 020
18 811
Living cost
24 037
24 037
24 037
24 037
Free-cash
-9 407
-8 161
-5 017
-5 226

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴13390
₴10398
₴9516
₴11718
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
95
social contributions
-
-
-
6 929
total
-
-
-
7 024
Employee
16 000
-
27 273
-
income
-
-
142
-
social contributions
1 040
-
1 773
-
total
1 040
-
1 915
-
Employer
16 000
-
27 273
-
social contributions
2 480
-
4 227
-
total
2 480
-
4 227
-
Corporate
13 020
31 500
-
-
income
1 302
3 150
-
-
total
1 302
3 150
-
-
Dividends
11 718
28 350
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
4 822
3 150
6 142
7 024
After tax
26 678
28 350
25 358
24 476
Living cost
14 960
14 960
14 960
14 960
Free-cash
11 718
13 390
10 398
9 516

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴76927
-₴76927
-₴3708
-₴76927
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
labour market
-
-
-
2 486
municipal
-
-
-
5 262
national
-
-
-
3 062
pensions
-
-
-
431
total
-
-
-
11 241
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
84 460
84 460
84 460
11 241
After tax
-52 960
-52 960
-52 960
20 259
Living cost
23 967
23 967
23 967
23 967
Free-cash
-76 927
-76 927
-76 927
-3 708

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴8395
₴5519
₴10794
₴872
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
128
income
-
-
-
6 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
9 759
Employee
17 220
-
26 167
-
pensions
1 939
-
2 946
-
income
2 362
-
3 759
-
health
1 972
-
2 996
-
total
6 273
-
9 701
-
Employer
17 220
-
26 167
-
pensions
2 800
-
4 255
-
accident
288
-
437
-
unemployment
422
-
641
-
total
3 510
-
5 333
-
Corporate
10 771
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

9 693
28 350
-
-
total
9 693
28 350
-
-
Dividends
1 077
3 150
-
-
withholding
205
598
-
-
total
205
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 681
28 948
15 034
9 759
After tax
11 819
2 552
16 466
21 741
Living cost
10 947
10 947
10 947
10 947
Free-cash
872
-8 395
5 519
10 794

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₴2554
₴216
₴4911
₴259
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
31 500
health
-
-
-
278
municipal
-
-
-
5 620
national
-
-
-
1 584
total
-
-
-
7 482
Employee
26 184
-
26 500
-
municipal
4 289
-
4 341
-
unemployment
393
-
398
-
pensions
1 767
-
1 789
-
national
433
-
450
-
health
195
-
200
-
total
7 077
-
7 178
-
Employer
26 184
-
26 500
-
health
201
-
204
-
pensions
4 543
-
4 597
-
accident
26
-
26
-
unemployment
170
-
172
-
total
4 940
-
4 999
-
Corporate
376
31 500
-
-
income
76
6 300
-
-
total
76
6 300
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

225
18 900
-
-
municipal
41
3 402
-
-
national
-
137
-
-
total
41
3 539
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 134
9 839
12 177
7 482
After tax
19 366
21 661
19 323
24 018
Living cost
19 107
19 107
19 107
19 107
Free-cash
259
2 554
216
4 911

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴8723
₴10383
₴12786
₴8930
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
1 473
social contributions
-
-
-
4 914
health
-
-
-
804
total
-
-
-
7 191
Employee
38 269
38 269
38 269
-
social contributions
1 447
3 176
2 373
-
income
4 167
3 543
3 833
-
health
297
651
486
-
total
5 911
7 370
6 692
-
Employer
38 269
38 269
38 269
-
health
322
708
529
-
social contributions
1 447
3 176
2 373
-
total
1 769
3 884
2 902
-
Corporate
12 298
-
-
-
income
1 538
-
-
-
total
1 538
-
-
-
Dividends
10 761
-
-
-
withholding
1 829
-
-
-
total
1 829
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 047
11 254
9 594
7 191
After tax
20 453
20 246
21 906
24 309
Living cost
11 523
11 523
11 523
11 523
Free-cash
8 930
8 723
10 383
12 786

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴18183
₴11590
₴15876
₴15651
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
31 500
income
-
-
-
2 741
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
7 722
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 423
-
28 559
-
unemployment
57
-
143
-
pensions
1 713
-
4 284
-
income
781
-
2 212
-
health
971
-
2 427
-
total
3 522
-
9 066
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 423
-
28 559
-
health
491
-
1 228
-
pensions
628
-
1 571
-
unemployment
57
-
143
-
total
1 176
-
2 942
-
Corporate
18 901
31 500
-
-
income
1 701
2 835
-
-
total
1 701
2 835
-
-
Dividends
17 200
28 665
-
-
withholding
1 548
2 580
-
-
total
1 548
2 580
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 947
5 415
12 008
7 722
After tax
23 553
26 085
19 492
23 778
Living cost
7 902
7 902
7 902
7 902
Free-cash
15 651
18 183
11 590
15 876

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴7580
₴3705
₴3484
₴4970
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 883
other
-
-
-
31
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 331
Employee
18 402
-
23 884
-
other
18
-
24
-
unemployment
285
-
370
-
pensions
865
-
1 123
-
income
3 548
-
4 978
-
total
4 716
-
6 495
-
Employer
18 402
-
23 884
-
pensions
4 342
-
5 636
-
accident
365
-
473
-
unemployment
1 012
-
1 314
-
other
147
-
192
-
total
5 866
-
7 615
-
Corporate
7 231
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

1 085
4 725
-
-
total
1 085
4 725
-
-
Dividends
6 146
26 775
-
-
withholding
1 178
5 510
-
-
total
1 178
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 845
10 235
14 110
14 331
After tax
18 655
21 265
17 390
17 169
Living cost
13 685
13 685
13 685
13 685
Free-cash
4 970
7 580
3 705
3 484

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴18648
₴18803
₴18875
₴18482
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
10 349
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
11 617
Employee
1 535
-
30 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
10 310
-
health
77
-
184
-
total
527
-
10 862
-
Employer
1 535
-
30 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
29 619
31 500
-
-
income
6 516
6 930
-
-
total
6 516
6 930
-
-
Dividends
23 103
24 570
-
-
withholding
4 621
4 914
-
-
total
4 621
4 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 010
11 844
11 689
11 617
After tax
19 490
19 656
19 811
19 883
Living cost
1 008
1 008
1 008
1 008
Free-cash
18 482
18 648
18 803
18 875

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴14168
₴8270
₴6912
₴11724
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
31 500
income
-
-
-
4 090
unemployment
-
-
-
473
health
-
-
-
3 244
pensions
-
-
-
8 190
total
-
-
-
15 997
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

12 954
-
26 718
-
unemployment
97
-
200
-
pensions
1 814
-
3 740
-
income
1 786
-
4 542
-
health
667
-
1 376
-
total
4 364
-
9 858
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

12 954
-
26 718
-
health
667
-
1 376
-
pensions
1 554
-
3 206
-
unemployment
97
-
200
-
total
2 318
-
4 782
-
Corporate
16 227
31 500
-
-
income
2 434
4 725
-
-
total
2 434
4 725
-
-
Dividends
13 793
26 775
-
-
withholding
2 069
4 016
-
-
total
2 069
4 016
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 185
8 741
14 640
15 997
After tax
20 315
22 759
16 860
15 503
Living cost
8 590
8 590
8 590
8 590
Free-cash
11 724
14 168
8 270
6 912

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴4500
₴3678
₴4648
₴4322
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
31 500
income
-
-
-
2 489
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
10 946
total
-
-
-
13 435
Employee
19 316
-
25 455
-
surtax
-
-
-
-
social contributions
2 125
-
2 800
-
income
3 774
-
5 560
-
total
5 899
-
8 360
-
Employer
19 316
-
25 455
-
social contributions
4 587
-
6 045
-
total
4 587
-
6 045
-
Corporate
7 597
31 500
-
-
income
1 595
6 615
-
-
surtax
-
-
-
-
total
1 595
6 615
-
-
Dividends
6 002
24 885
-
-
withholding
1 680
6 968
-
-
total
1 680
6 968
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 761
13 583
14 405
13 435
After tax
17 739
17 917
17 095
18 065
Living cost
13 417
13 417
13 417
13 417
Free-cash
4 322
4 500
3 678
4 648

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴3775
-₴100
-₴321
-₴199
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 883
other
-
-
-
31
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 331
Employee
24 035
-
23 884
-
other
24
-
24
-
unemployment
372
-
370
-
pensions
1 130
-
1 123
-
income
5 020
-
4 978
-
total
6 546
-
6 495
-
Employer
24 035
-
23 884
-
pensions
5 672
-
5 636
-
accident
476
-
473
-
unemployment
1 322
-
1 314
-
other
193
-
192
-
total
7 663
-
7 615
-
Corporate
-
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 725
-
-
total
-
4 725
-
-
Dividends
-
26 775
-
-
withholding
-
5 510
-
-
total
-
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 209
10 235
14 110
14 331
After tax
17 291
21 265
17 390
17 169
Living cost
17 490
17 490
17 490
17 490
Free-cash
-199
3 775
-100
-321

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴18374
₴14207
₴13575
₴15341
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 725
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
2 572
total
-
-
-
9 366
Employee
11 334
-
28 090
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

995
-
1 526
-
income
1 134
-
2 809
-
health
521
-
799
-
total
2 775
-
5 325
-
Employer
11 334
-
28 090
-
health
782
-
1 199
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
17 943
31 500
-
-
income
1 794
3 150
-
-
total
1 794
3 150
-
-
Dividends
16 148
28 350
-
-
withholding
807
1 417
-
-
total
807
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 600
4 567
8 734
9 366
After tax
23 900
26 933
22 766
22 134
Living cost
8 559
8 559
8 559
8 559
Free-cash
15 341
18 374
14 207
13 575

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₴2910
₴4667
₴3468
₴3600
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 999
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
220
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 400
trade
-
-
-
1 199
total
-
-
-
8 818
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

24 762
-
31 500
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

112
-
220
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

2 036
-
3 999
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 400
-
3 400
-
total
5 548
-
7 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 738
31 500
-
-
income
1 011
4 725
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

56
260
-
-
chamber of commerce
85
122
-
-
trade
967
4 520
-
-
total
2 119
9 627
-
-
Dividends
4 619
21 873
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

53
290
-
-
withholding
966
5 279
-
-
total
1 019
5 569
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 686
15 196
7 619
8 818
After tax
22 814
16 304
23 881
22 682
Living cost
19 214
19 214
19 214
19 214
Free-cash
3 600
-2 910
4 667
3 468

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₴6300
-₴4009
-₴4009
-₴7430
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
4 742
social contributions
-
-
-
2 417
total
-
-
-
7 159
Employee
38 929
-
31 500
-
income
7 346
-
4 742
-
social contributions
3 234
-
2 417
-
total
10 580
-
7 159
-
Employer
38 929
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income
-
3 937
-
-
total
-
3 937
-
-
Dividends
-
27 563
-
-
withholding
-
5 513
-
-
total
-
5 513
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 580
9 450
7 159
7 159
After tax
20 920
22 050
24 341
24 341
Living cost
28 350
28 350
28 350
28 350
Free-cash
-7 430
-6 300
-4 009
-4 009

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
-₴220
₴4785
-₴3749
₴2663
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
31 500
income
-
-
-
14 166
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
29 211
-
income
2 477
-
4 071
-
social contributions
2 287
-
2 289
-
total
4 764
-
6 360
-
Employer
22 830
-
29 211
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
6 382
31 500
-
-
income
2 234
11 025
-
-
total
2 234
11 025
-
-
Dividends
4 149
20 475
-
-
social contributions
1 486
2 629
-
-
total
1 486
2 629
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 771
13 654
8 649
17 183
After tax
20 729
17 846
22 851
14 317
Living cost
18 066
18 066
18 066
18 066
Free-cash
2 663
-220
4 785
-3 749

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴5135
₴1848
₴5130
₴2329
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
income
-
-
-
5 899
pensions
-
-
-
2 005
total
-
-
-
7 904
Employee
25 347
-
28 036
-
pensions
1 935
-
2 258
-
income
4 616
-
5 079
-
health
331
-
385
-
total
6 882
-
7 722
-
Employer
25 347
-
28 036
-
health
482
-
533
-
pensions
2 561
-
2 931
-
total
3 043
-
3 464
-
Corporate
3 110
31 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

591
5 985
-
-
total
591
5 985
-
-
Dividends
2 519
25 515
-
-
withholding
189
1 914
-
-
total
189
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 705
7 899
11 186
7 904
After tax
20 795
23 601
20 314
23 596
Living cost
18 466
18 466
18 466
18 466
Free-cash
2 329
5 135
1 848
5 130

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴9479
₴4435
₴9710
₴705
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
accident
-
-
-
128
income
-
-
-
6 242
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
9 759
Employee
18 925
-
26 167
-
pensions
2 131
-
2 946
-
income
2 596
-
3 759
-
health
2 167
-
2 996
-
total
6 894
-
9 701
-
Employer
18 925
-
26 167
-
pensions
3 077
-
4 255
-
accident
316
-
437
-
unemployment
464
-
641
-
total
3 857
-
5 333
-
Corporate
8 719
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

7 847
28 350
-
-
total
7 847
28 350
-
-
Dividends
872
3 150
-
-
withholding
166
598
-
-
total
166
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 764
28 948
15 034
9 759
After tax
12 736
2 552
16 466
21 741
Living cost
12 031
12 031
12 031
12 031
Free-cash
705
-9 479
4 435
9 710

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₴20051
₴11770
₴11770
₴17631
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
31 500
income
-
-
-
4 344
unemployment
-
-
-
378
work injury
-
-
-
157
health insurance
-
-
-
2 331
pensions
-
-
-
5 796
total
-
-
-
13 006
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

10 758
-
31 500
-
health insurance
796
-
2 331
-
unemployment
129
-
378
-
work injury
54
-
157
-
pensions
1 979
-
5 796
-
income
1 076
-
4 344
-
total
4 034
-
13 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 742
31 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
20 742
31 500
-
-
withholding
3 111
4 725
-
-
total
3 111
4 725
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 145
4 725
13 006
13 006
After tax
24 355
26 775
18 494
18 494
Living cost
6 724
6 724
6 724
6 724
Free-cash
17 631
20 051
11 770
11 770

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴3235
-₴4635
-₴2886
-₴10437
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 500
social contributions
-
-
-
8 101
regional
-
-
-
497
municipal
-
-
-
211
national
-
-
-
5 751
total
-
-
-
14 560
Employee
41 937
-
31 500
-
municipal
250
-
188
-
national
7 087
-
5 071
-
regional
633
-
428
-
social contributions
14 141
-
10 622
-
total
22 111
-
16 309
-
Employer
41 937
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
municipal
-
1 519
-
-
nationa
-
7 560
-
-
total
-
9 079
-
-
Dividends
-
22 421
-
-
withholding
-
5 830
-
-
total
-
5 830
-
-
Income
31 500
31 500
31 500
31 500
Total tax
22 111
14 909
16 309
14 560
After tax
9 389
16 591
15 191
16 940
Living cost
19 826
19 826
19 826
19 826
Free-cash
-10 437
-3 235
-4 635
-2 886

Estimated living cost  is ₴19826 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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